Tampa High Asset Divorce Lawyer
59 Years of Collective Experience in Florida Family Law
Florida is an equitable distribution state. What this means is that assets and debts are classified as either marital or non-marital.
Those assets and debts that are marital need to be divided equitably, or fairly, between the spouses upon divorce. Equitably does not necessarily mean equally.
Valuing marital assets can be problematic in a high asset divorce. While problems can arise in dividing marital assets at any level of income, they become even larger when one or both spouses have significant assets.
To obtain a meaningful evaluation, lawyers call upon experts to value assets such as:
- Art
- Real estate
- Leases
- Furnishings
- Jewelry
- Pensions
- Profit sharing plans
- Employee stock options
- Stocks and bonds
- Business interests
- Professional practices
Our Firm Can Help Determine Income
Another major issue in high asset divorce is determining income. Alimony and child support payments are based on income, and thus it is imperative to have a figure for the court to work with when making an award of alimony or child support.
When parties work for corporations at an annual salary, tax returns can be used to show income. But if a spouse is self-employed or owns a professional practice, income records may need to go beyond the simple IRS returns. A forensic accountant can be of great help in determining actual income in these types of cases.
Some businesses pay personal expenses that do not show as income and may be hidden. These include:
- Meals
- Travel
- Entertainment
- Telephone
- Auto expenses
All of these business expenses can add significantly to the reported income of a spouse. Thus, it is important to have experts on hand who can come up with appropriate figures so that proper awards for alimony and child support can be made.
How an Experienced Tampa High Asset Divorce Lawyer Can Help
An experienced Tampa high asset divorce lawyer can provide critical support when navigating the complexities of a high-net-worth divorce. High asset divorces typically involve significant financial assets, such as real estate, investments, business interests, and retirement accounts.
Properly valuing and dividing these assets requires expertise and careful attention to detail.
A skilled attorney can help by:
- Asset Identification and Valuation: Your lawyer will ensure that all marital assets are identified and accurately valued, working with financial experts when necessary to uncover hidden assets or appraise complex financial holdings.
Why Choose K. Dean Kantaras, P.A.?
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Several Decades of Experience on Your Side
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Top Rating for Ethics & Skill of AV Preeminent®
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Board Certified Specialist in Family Law
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Selection for Florida Super Lawyers® - Top 5%
Hear From Our Happy Clients
At K. Dean Kantaras, P.A., your satisfaction is our priority! See for yourself what our clients have to say about working with us.
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"Superior to his opposing counsel"Dean was so far superior to his opposing counsel that it was apparent that he was the superior legal mind.- D.
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"Great service"The firm of KDK is very outstanding. Dean is an exemplary attorney. I am impressed with his knowledge, intelligence, honesty and sincerity.- Errol Morrison
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"My sincere thanks"My sincere thanks for Dean, Doukissa, Karen, Azhar, Iris and all other legal team members for the professional case work completed and personal compassion demonstrated on my behalf.- R.R.
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"Immigration lawyer Brittany Mohamed is very personable, helpful, and knowledgeable!"Immigration lawyer Brittany Mohamed is very personable, helpful, and knowledgeable! We had our case approved with her help.- Vanessa
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"Patience is a virtue."Good afternoon, I want to say that the staff at Dean’s office have been exceptional. I worked closely with Iris, Nicole, Patrice, Danielle, and Joe. They all helped me through the process. Dean is a very intelligent attorney and finally got the Judge to see it our way, because of the law and a lot of hard work. Thank you all for your effort.- John Judge
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"Dean and his team have been a blessing in this difficult process."Dean and his team have been a blessing in this difficult process. although I'm not to the end just yet, I have faith he and the whole team will help me get across the finish line. I would highly recommend him. Worth every penny!- Joyle W.
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"This firm is great."I can't thank the team here enough.- Lina Z.
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"They definitely help make things a little easier in a very difficult time."Excellent law firm. From the admin personnel, to the paralegals, and all the attorneys. They work together as a team to fight for you. Would highly recommend them to anyone going through family court especially if it is contested. They definitely help make things a little easier in a very difficult time.- Isaac G.